Prince Pipes and Fittings Ltd IPO Message Board (Page 4)

Chem cho sr whats ur suggestion in this situation.

मेरे विचार से छोटे बिकवाल जल्दबाजी न करे । बाजार ठहरने दें

how long we have to hold prince pipe IPO? pls guide.

Indicative price on NSE 135. Abh tho uparwala hi bachaye

https://nseindia.com/live_market/dynaContent/live_watch/pre_open_market/pre_open_market.htm

Go to new listings section

It will open @ 9.45
Pre Open 115 now NSE

175 is the pre open price as of now for prince pipe.

Now 155

When will it open? at 10..?

prince pipe not showing in my trading platform holding.

find below link for pre open price.192 pre open sure..
https://www.bseindia.com/markets/Equity/listingstream.aspx?expandable=1

Its mentioned as 0, unable to find 192 mentioned in the link u mentioned.

Grey market is very less active it doesn't make any difference. Astral pipe trades at 17500cr mcap. Prince at 1950cr so expect minimum 30% premium from here. Remember retailers are less in this counter and all big players will eat out them within opening trade.

Hoping for the best

Looking at sentiment here it seems like discount listing and heading down with massive selling pressure. Unless some big players are interested. Otherwise, retail is looking very pessimistic.

All the best to me and to other allottees.

Remember stock market always has surprises and something for everyone... :)

Remember Sheella Foam IPO

Sleep Now..

Qii 3.5 times and hni 1.21 times will not sell tomorrow. So just retailers 98 lac shares are available totally. Out of them half will hold for two three months so barely 50lac shares will be available in markets.expect listing above 200 is realistically possible.

Hos:
Some circles will buy this share for long term as are managed Chamcha's of company
HNI was under subscribed which is not a great sign...
Company managed to sail and Now lets see if it gathers Buyer Tomorrow...

Rajkot Bada Players are expecting Discount Lisitng.
Hope it will lists at some gain for retail investors and Sentiments remain safe.
However Few side of Brokers are positive on this...Expecting Rs.10/- Gain...

Pray

Jitna bhi open ho koi bat nahi ye market hi yaha kuch bi ho sakta hi

PRE OPEN AT 208 MADE HIGH 213 LOW 207 CLOSE 211......

Impossible.

Chances are very high for Listing below offer price and also closing below offer price.

However, it may give good returns in long run that too comparing to listing price, but not to offer price.

@PSR,
Good returns in long term like 100%? That sound's good for accumulating even if it lists below.

Subscription of Hdfc life insurance and Sadbhav infrastructure projects was same as Prince pipe negative GPM, BUT both opened above issue price.

Even i have 84 shares of prince pipes, hoping for the best.

Hi all,
Off topic question, for SBI Card IPO if I apply for one lot in shareholder quota are the chances higher to get allotment if applied 4 lots instead of one lot? and will the allotment will be like retail? One lot each? or the quantity applied we get.
Which is better to apply in retail or shareholder?
and in retail not going to apply more than one lot, but in shareholder can apply till 4. Please suggest.

@ Yash,
In ShareHolder quota, in case of OverSubscription you would be allotted shares on proportionate basis, Whereas in case of retail its through LOTTERY. Hence when there is shareholder quota, as in case of SBI, its better u apply for SH quota and RETAIL as well. At times you may find success with RETAIL, but its for sure that you would be allotted at least some shares in SH quota.

@Rahul,
Thank you for suggesting and clearing my confusion on the SH quota and Retail quota, some shares are definitely allotted depending on the number of lots applied in case of over subscription.
This is definitely a good deal from retail, in retail we do not get anything where as on SH quota we may get atleast some shares for our amount blocked for 10 days.
Will definitely try out SH quota with SBI cards IPO with maximum lots.

How to trade pre listing session? Means during 9 to 9:15

See case of Lemon tree ipo came in March 2018 and QIB only subscribed nearly 3 times and all other 0.12. GPM negative, Ipo price 56 and opened 61.50 and high 73.

There a definitely so many cases like these and this prince pipes IPO is also for recovering from the debt and also to fund their new plants getting opened in two new locations, which is definitely a positive for Prince Pipes. GMP has not been proven 100% correct for predicting the listing of an IPO.

Go for Shareholder Quota, Apply for that many lots, such that the amount you spend is < or = 200000

I have seen GMP doesn't have great effect on IPO, strong fundamental company can have good listing.
Where as there are companies who have higher debt's and have been trading at much higher prices than 178.
Hoping for a higher listing tomorrow.

@Yash Well Said.